Capillary Blood Collection Devices Market Insights:
The Capillary Blood Collection Devices Market was analyzed which was worth USD 1.48 Billion in the year 2022, expecting a CAGR of 5.3% during the forecast period (2023-2030), and the market is projected to be valued at USD 2.24 Billion by 2030.
Driver:
The increased adoption of Capillary Blood Collection Devices in the Clinical Diagnostics is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Capillary Blood Collection Devices also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Capillary Blood Collection Devices in many sectors also boosts the market growth during the forecast period.
Capillary blood collection devices are medical instruments designed for the collection of small volumes of blood from capillaries in the skin, such as those found in the fingers, toes, and heels. Capillary blood collection is a common method for obtaining blood samples in various healthcare settings, including hospitals, clinics, and home healthcare. Capillary blood collection devices typically consist of a sterile, single-use lancet or needle that is used to prick the skin and create a small puncture. The device also includes a collection tube or microcontainer that is used to collect the blood sample. Some devices also have a spring-loaded mechanism that automatically punctures the skin when activated.
Capillary Blood Collection Devices Market Research Report” was just released by Market Research Community. It is divided into several categories, including Material (Plastic, Glass, Stainless Steel, Ceramic, Others), application (Whole Blood, Plasma/ Serum Protein Tests, Comprehensive Metabolic Panel (CMP) Tests, Liver Panel / Liver Profile/ Liver Function Tests, Dried Blood Spot Tests), Product (Lancets, Micro-Container Tubes, Micro-Hematocrit Tubes, Warming Devices, Others), and companies (SARSTEDT AG & Co. KG, Becton, Dickinson and Company (BD), Thermo Fisher Scientific, Inc., Terumo Medical Corp., Cardinal Health, Nipro Europe NV, KABE LABORTECHNIK GmbH, B. Braun Melsungen AG, Owen Mumford Ltd., Greiner Bio-One International GmbH), End Use (Hospitals and Clinics, Blood Donation Centers, Diagnostic Centers, Home Diagnosis, Pathology Laboratories), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 5.3%, over the forecast period of 2023–2030.
Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2017-2030 |
| Market Size in 2030 (USD Billion) | 2.24 Billion |
| CAGR (2023-2030) | 5.3% |
| By Material | Plastic, Glass, Stainless Steel, Ceramic, Others |
| By Product | Lancets, Micro-Container Tubes, Micro-Hematocrit Tubes, Warming Devices, Others |
| By Application | Whole Blood, Plasma/ Serum Protein Tests, Comprehensive Metabolic Panel (CMP) Tests, Liver Panel / Liver Profile/ Liver Function Tests, Dried Blood Spot Tests |
| By End Use | Hospitals and Clinics, Blood Donation Centers, Diagnostic Centers, Home Diagnosis, Pathology Laboratories |
| By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Key Players | SARSTEDT AG & Co. KG, Becton, Dickinson and Company (BD), Thermo Fisher Scientific, Inc., Terumo Medical Corp., Cardinal Health, Nipro Europe NV, KABE LABORTECHNIK GmbH, B. Braun Melsungen AG, Owen Mumford Ltd., Greiner Bio-One International GmbH |
Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Capillary Blood Collection Devices market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
SARSTEDT AG & Co. KG, Becton, Dickinson and Company (BD), Thermo Fisher Scientific, Inc., Terumo Medical Corp., Cardinal Health, Nipro Europe NV, KABE LABORTECHNIK GmbH, B. Braun Melsungen AG, Owen Mumford Ltd., Greiner Bio-One International GmbH
Market Segment Analysis:
By Material
- Plastic
- Glass
- Stainless Steel
- Ceramic
- Others
By Product
- Lancets
- Micro-Container Tubes
- Micro-Hematocrit Tubes
- Warming Devices
- Others
By Application
- Whole Blood
- Plasma/ Serum Protein Tests
- Comprehensive Metabolic Panel (CMP) Tests
- Liver Panel / Liver Profile/ Liver Function Tests
- Dried Blood Spot Tests
By End-Use
- Hospitals and Clinics
- Blood Donation Centers
- Diagnostic Centers
- Home Diagnosis
- Pathology Laboratories
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2022, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Capillary Blood Collection Devices industries in the region.
Key Capillary Blood Collection Devices Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Capillary Blood Collection Devices Market segments.
– Largest Market Share Held by Industry to Industry for Capillary Blood Collection Devices
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Capillary Blood Collection Devices Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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